Company Valuation: Estee Lauder

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 91,006 70,189 38,151 29,068 28,564 38,011 - -
Change - -22.87% -45.64% -23.81% -1.73% 33.07% - -
Enterprise Value (EV) 1 92,461 74,274 42,527 33,464 32,372 42,208 41,750 41,068
Change - -19.67% -42.74% -21.31% -3.26% 30.39% -1.09% -1.63%
P/E 38.9x 70.4x 98.5x -25.7x 158x 35.4x 27.5x 24x
PBR 16.6x 12.7x 7.22x 7.53x 7.53x 8.93x 7.62x 7.02x
PEG - -1.2x -1.6x 0x -1x 0x 1x 1.6x
Capitalization / Revenue 5.13x 4.4x 2.44x 2.03x 1.9x 2.42x 2.32x 2.22x
EV / Revenue 5.21x 4.66x 2.72x 2.34x 2.15x 2.69x 2.55x 2.4x
EV / EBITDA 21.9x 28.9x 17.6x 16.9x 13x 14.7x 13x 11.8x
EV / EBIT 26.4x 40.7x 26.8x 29.2x 19.2x 20.5x 17.6x 15.6x
EV / FCF 46.2x 102x 29.5x 49.9x 24.6x 46.7x 26.2x 23.5x
FCF Yield 2.16% 0.98% 3.39% 2% 4.07% 2.14% 3.82% 4.26%
Dividend per Share 2 2.33 2.58 2.64 1.71 1.4 1.611 1.747 1.943
Rate of return 0.91% 1.31% 2.48% 2.12% 1.77% 1.53% 1.66% 1.85%
EPS 2 6.55 2.79 1.08 -3.15 0.5 2.965 3.815 4.38
Distribution rate 35.6% 92.5% 244% -54.3% 280% 54.3% 45.8% 44.4%
Net sales 1 17,741 15,937 15,609 14,323 15,049 15,691 16,366 17,131
EBITDA 1 4,227 2,567 2,413 1,975 2,483 2,867 3,212 3,471
EBIT 1 3,500 1,823 1,588 1,146 1,687 2,063 2,366 2,630
Net income 1 2,390 1,006 390 -1,133 182 1,101 1,394 1,542
Net Debt 1 1,455 4,085 4,376 4,396 3,808 4,198 3,739 3,057
Reference price 2 254.67 196.38 106.40 80.80 78.95 105.06 105.06 105.06
Nbr of stocks (in thousands) 357,347 357,413 358,564 359,752 361,795 361,799 - -
Announcement Date 8/18/22 8/18/23 8/19/24 8/20/25 8/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.12x4.07x14.86x3.04% 337B
18.58x2.78x12.27x3.44% 140B
25.04x3.74x15.73x2.31% 73.39B
41.92x6.75x29.3x2.2% 49.79B
35.43x2.69x14.72x1.53% 38.01B
20.21x2.82x11.76x4.39% 36.92B
23.41x1.72x10.94x2.17% 20.4B
16.27x1.56x8.91x3.26% 19.98B
39.54x5.58x27.32x1.81% 9.9B
Average 26.84x 3.52x 16.20x 2.68% 80.56B
Weighted average by Cap. 23.34x 3.72x 15.17x 2.94%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield